Which entities are affected?

This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

The TOFA rules will apply to you if you are:

an authorised deposit-taking institution, securitisation vehicle or financial sector entity with an aggregated annual turnover of $20 million or more

a superannuation entity, approved deposit fund, pooled superannuation fund, managed investment scheme or entity with a similar status under foreign law relating to foreign regulation, with assets of $100 million or more

any other entity (other than an individual) which satisfies one or more of the following

an aggregated turnover of $100 million or more

assets of $300 million or more

financial assets of $100 million or more.

If you do not meet these requirements you can elect to have the TOFA rules apply to you.

Our commitment to you

We are committed to providing you with accurate, consistent and clear information to help you understand your rights and entitlements and meet your obligations.

If you follow our information and it turns out to be incorrect, or it is misleading and you make a mistake as a result, we will take that into account when determining what action, if any, we should take.

Some of the information on this website applies to a specific financial year. This is clearly marked. Make sure you have the information for the right year before making decisions based on that information.

If you feel that our information does not fully cover your circumstances, or you are unsure how it applies to you, contact us or seek professional advice.